How UAE defence giant EDGE Group plans to double its exports
The UAE defence conglomerate has put an aggressive strategy in place to increase its share of exports while navigating the growing gap between East and West.
SkyWest, Inc. has released the combined traffic figures for its two airline subsidiaries, SkyWest Airlines and Atlantic Southeast Airlines (ASA) during January 2010.
The two airlines created a 9.9% increase in revenue passenger miles (RPMs) for January, the figure rising to 1,369,645,763 from 1,245,863,173 in January 2009. Available seat miles (ASMs) increased by 8.4% to 1,868,994,024 compared with the 1,723,838,782 for the same period last year.
The load factor for January 2010 was up by 1.0 percentage point to 73.3% compared to 72.3% for the same period last year. Passenger boardings for January totalled 2,737,931, a 12.0% increase from January 2009’s 2,444,573.
The UAE defence conglomerate has put an aggressive strategy in place to increase its share of exports while navigating the growing gap between East and West.
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
Washington’s ageing inventory and the pace Moscow and Beijing have been modernising their capabilities put in check the US Nuclear deterrence.
The Pentagon has been operating under temporary funding since October 2023, which has impacted its main acquisition and development programmes, increasing the capability gap between the US and China.
In 2023, defence spending increased by an unprecedented 11% across European NATO countries and Canada. Since 2014, the group has spent an additional US$600 billion on defence.
The DoD requested nearly US$850 billion to fund operations over the next fiscal year. Despite the amount being 1% higher than the FY2024 budget request, it has not covered the 3% inflation rate, which could impact the DoD’s main programmes in the medium and long term.